Fri, Dec 13, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: More M&A deals in asset management firms: hedge fund news, week 30

Saturday, July 18, 2015

In the week ending 17 July, 2015, on the M&A scene, the number of asset manager deals per year has grown by nearly 50% since 2010. 2014 was a tremendously busy year, with no sign of a slowdown in 2015; Fidante Partners is to acquire 100% of British alternatives investment group Dexion Capital; Janus Capital has acquired a majority interest in Australian fixed income manager Kapstream Capital for $89m; Cowen Group and Concept Capital announced the signing of a definitive agreement under which Cowen will acquire Concept Capital; and Playtech beat Odey Capital in the takeover battle for Plus500.

Dai Jixin, a Hong Kong-based alumnus of Soros Fund Management, is seeking as much as $750 million to launch a global macro hedge fund; Visium Asset is seeking to raise $500m to launch its first private equity fund; AGacquisitions Group has launched a $40m offshore fund in the Bahamas; TCW Group has partnered with Gargoyle Investment Advisor LLC to offer its first alternative mutual fund; Thomas Miller has launched Diversified Assets Fund for Abi Oladimeji and Mark McKenzie; and systematic macro manager QCM launched UCITS on Montlake platform with 0% management fee for early-bird investors.

The Lyxor Hedge Fund Index was up 0.3% as of 7th of July (+2.2% YTD); The Eurekahedge Hedge Fund Index -1.26% in June, +3.31% YTD; The Barclay Hedge Fund Index ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. 50 South Capital & Preqin highlight emerging manager outperformance in a new report[more]

    Bailey McCann, Opalesque New York for New Managers: New data from Preqin and 50 South Capital, the investment arm of Northern Trust, shows that emerging managers are outperforming established managers by almost 4% a

  2. An academic wrecking ball aims at hedge funds[more]

    From Bloomberg: Quant investing, and indeed much of the hedge fund industry, is built on the power and freedom that come with the ability to sell short. When you short a security (borrow and then sell it, meaning you make money if the price falls and you then re-buy it), you can profit when markets

  3. PE/VC: Private equity buys $101bn of European businesses, 30 under 30 venture capital 2020: Meet the young investors backing tech's next big thing[more]

    Private equity buys $101bn of European businesses From Bloomberg: European equities' cheap valuations have turned the region into a honeypot for private-equity and arbitrage funds looking to reap double-digit returns. With the buyout firms enjoying a massive amount of dry powder, especial

  4. PE/VC: The truth about private equity fund size, US VC investment in female founders hits all-time high[more]

    The truth about private equity fund size From Institutional Investor: As the end of the year approaches, institutional investors in private markets are wrapping up work on the last few funds we need to invest in to hit our targeted annual commitment levels. You see, private equity

  5. Crypto: Almost 70 crypto hedge funds have closed this year as institutional investors shy away, Central bank talk of launching cryptocurrencies is all bluff, Thailand and Hong Kong in crypto collaboration with cross border token project, Crypto loans see solid growth, platforms attract community interest, A Bitcoiner in the Senate? Is Bakkt CEO in US govt. good or bad for crypto?, Bank of France to test digital currency in 2020[more]

    Almost 70 crypto hedge funds have closed this year as institutional investors shy away From The Block Crypto: Nearly 70 crypto-focused hedge funds that largely cater to institutional investors, such as pension funds and family offices, have closed this year. The number of new fund